Chicago Title NCS Chicago: SYFCREC 2021

STATE OF Guarantee No. COUNTY OF Escrow No. The affiant,__Thomas Scott___, being first duly sworn, on oath deposes and says that he is President of Daring Developer, LLC which is the owner of the following described premises in Cook County, IL 123 ABC Road, Chicago, IL 60622 1. That he is thoroughly familiar with all facts and circumstances concerning the premises described above; 2. That with respect to improvements on the premises the only work done or materials furnished to date are as listed below; 3. That the only contracts let for the furnishing of future work or materials relative to the contemplated improvements are listed below; 4. That this statement is a true and complete statement of all such contracts and costs, previous payments and balances due if any. NAME AND ADDRESS KIND OF WORK ORIGINAL CHANGE ORDERS ADJUSTED TOTAL OF CONTRACT INC. EXTRAS AND CREDITS PREVIOUSLY PAID AMOUNT OF THIS PAYMENT BALANCE TO BECOME DUE Stellar Sellar; 1 S Terrace Ave, Arlington Heights, IL Acquisition $40,000,000.00 $40,000,000.00 $0.00 $40,000,000.00 $0.00 Amazing Architects; 98 Lacy Lane, Chicago, IL 60640 Architectural Services $200,000.00 $50,000.00 $250,000.00 $0.00 $25,000.00 $225,000.00 Illinois Engineers; 65 Yellow Avenue, Chicago, IL 60622 Engineering work $100,000.00 $0.00 $100,000.00 $0.00 $20,000.00 $80,000.00 To be let General Contractor $6,000,000.00 $0.00 $6,000,000.00 $0.00 $0.00 $6,000,000.00 To be let Tenant Allowances $650,000.00 $650,000.00 $0.00 $0.00 $650,000.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 TOTAL $46,950,000.00 $50,000.00 $47,000,000.00 $0.00 $40,045,000.00 $6,955,000.00 SOURCES Owner Equity $14,950,000.00 $50,000.00 $15,000,000.00 $0.00 $15,000,000.00 $0.00 Lender $32,000,000.00 $32,000,000.00 $0.00 $25,045,000.00 $6,955,000.00 $0.00 $0.00 46,950,000.00 50,000.00 47,000,000.00 - 40,045,000.00 6,955,000.00 THE UNDERSIGNED HEREBY APPROVES THE ABOVE AMOUNTS FOR PAYMENT. Signed name, position Subscribed and sworn to before me this __5_______________day of __October______________ 2021 Notary Public CHICAGO TITLE INSURANCE COMPANY SWORN OWNER'S STATEMENT TO CHICAGO TITLE INSURANCE COMPANY 94